BBN Labs — Better Business Network

London Vacant Commercial Space Fit-Out Grant

Accepting applicationsCost-shareChecked

The City of London covers 50% of fit-out costs, up to $50,000, when you open a business in a vacant commercial unit. This is a cost-share grant, meaning you pay for the work first and get reimbursed after inspection. Applications are open.

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Know a business owner this could help?
“The loan covers 50% of the improvement costs, up to a maximum of $50,000.”

From the official program page

At a glance

Maximum support50% of costs, up to $50,000
Issued byCity of London
RegionOntario
Pre-approvalRequired before starting
Matching fundsYes, business contributes

Subject to program rules, available funding, and approval. Confirm current details with the official program administrator.

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Is this for you?

  • You operate a storefront business within the City of London
  • You are planning an interior renovation or fit-out for a vacant commercial unit
  • You can secure approval from the city before starting any work or purchasing materials

Probably not the right fit if

  • Your business is located outside London or outside the city's designated Core Area Community Improvement Plan zone
  • You have already started or completed the renovation work before applying

How much you'd realistically get

For example, a storefront refresh (new facade, paint and exterior lighting):

Project cost

$60,000

Program pays

$30,000

You pay

$30,000

Illustration using this program's published rate and cap; amounts and eligibility are decided by the program.

50% of costs, up to $50,000

What may be supported

  • interior fit-out / setup costs to open a business in a vacant unit

How applying works

Effort: mediumA city application with quotes/photos; approval before you start, then claim after completion.

  1. 01Confirm your property is in the program area and funds are available
  2. 02Get the city's written pre-approval BEFORE starting
  3. 03Complete the approved work
  4. 04Submit your costs for reimbursement

Documents commonly required

  • Quotes/estimates for the work
  • Photos of the current storefront
  • Proof of property ownership or owner's consent

What to know before you count on it

  • Cost-share: you pay for the work first, then the city reimburses its share (about half) after it's done and inspected.
  • Apply and get approved BEFORE you start any work or buy anything. Work started before approval may not qualify.
  • Only vacant commercial units in London's Core Area Community Improvement Plan zone qualify. Confirm your address qualifies before you spend.
  • Municipal funding is limited each year. Confirm money is still available.

What are your odds?

To qualify, the unit must be vacant and inside London's Core Area zone, the city must still have money this year, and you must get approval before work starts.

More funding by what it pays for

What you can combine it with

You may be able to combine this with provincial or federal programs for the same project. Ask the city which other programs you can combine with this grant.

Related programs

Worth reading before you apply

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Page last updated ; status and deadline checked . Source: official program page.